Form N-PORT is a reporting obligation requiring registered investment companies (RICs) to report detailed information about their funds. With rigorous data requirements, a short 30-day filing deadline, and public disclosure of reported information, Form N-PORT presents many new challenges for affected firms. Advise Technologies offers an end-to-end Form N-PORT reporting solution through the Consensus platform.
Form N-PORT will require monthly reporting of portfolio holding details in a structured XML format. It replaces Form N-Q, the portfolio holdings report currently filed by RICs.
Compliance dates are based on the combined AUM of the fund family.
|RIC Size||Compliance Date|
|Larger RICs (NAV ≥ $1 billion)||June 1, 2018|
|Smaller RICs (NAV < $1 billion)||June 1, 2019|
Advise Technologies, a CSS Company, is an award-winning provider of regulatory intelligence software and services for investment managers. Founded in 2010 and led by fund professionals, Advise offers reporting solutions that meet the needs of today’s complex global regulatory environment. Over 1100 investment managers use Advise services to meet their compliance obligations.
Consensus is a regulatory reporting platform for 20+ filing obligations. A single dataset can be used to complete a repeatable, reliable, and automated filing process for Form PF, Form ADV, CPO-PQR, AIFMD, FATCA, and more.
We combine regulatory knowledge, technical expertise, and a client-focused services approach to make compliance easy, fast, and efficient: Our Best Practices Team – comprised of regulatory attorneys, fund accountants, and data specialists – provides unique insights into how funds of varying sizes and structures are interpreting difficult regulatory questions. We constantly monitor the latest regulatory news and evolving industry standards. Our Technical Team leverages our Best Practices knowledge to develop best-in-class software solutions that meet the needs of today’s investment manager. Our software performs compliance calculations, allows e-filing to regulators, validates data against regulator specifications, and preserves a complete audit trail. Our Client Services Team offers comprehensive customer support, including rapid response times, extended hours during filing periods, and one-on-one virtual assistance.